MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) Short Interest Down 77.2% in April

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ:STRK) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 6,821 shares, a decline of 77.2% from the March 31st total of 29,906 shares. Based on an average daily volume of 108,596 shares, the days-to-cover ratio is currently 0.1 days.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Stock Performance

NASDAQ:STRK opened at $77.57 on Friday. MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock has a 52 week low of $65.12 and a 52 week high of $129.48. The stock’s fifty day moving average is $76.35 and its two-hundred day moving average is $81.58.

MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th were given a $2.00 dividend. The ex-dividend date was Friday, March 13th. This represents a $8.00 dividend on an annualized basis and a yield of 10.3%.

Institutional Investors Weigh In On MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. ORG Wealth Partners LLC purchased a new stake in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock in the third quarter valued at $86,000. Fiduciary Alliance LLC raised its position in MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 7.0% in the fourth quarter. Fiduciary Alliance LLC now owns 2,997 shares of the company’s stock valued at $236,000 after purchasing an additional 197 shares during the period. Finally, Captrust Financial Advisors grew its stake in shares of MicroStrategy Incorporated – 8.00% Series A Perpetual Strike Preferred Stock by 53.8% in the fourth quarter. Captrust Financial Advisors now owns 4,391 shares of the company’s stock valued at $346,000 after buying an additional 1,536 shares in the last quarter.

MicroStrategy Incorporated is a global leader in enterprise analytics and business intelligence software. The company develops and markets a comprehensive analytics platform that enables organizations to visualize and analyze data from multiple sources, build interactive dashboards, and deliver insights through web and mobile applications. Its product suite includes on-premise and cloud-based offerings, designed to support large-scale deployments across a wide range of industries, from financial services and healthcare to retail and manufacturing.

Founded in 1989 by Chairman and co-founder Michael Saylor and co-founder Sanju Bansal, MicroStrategy has grown from a boutique software startup into an established public company.